Today's ASX news
Magellan (ASX:MFG) share price drops after more funds loss in August
The Magellan Financial Group Ltd (ASX:MFG) share price is in the red as the fund manager announced its latest monthly update.
September 6, 2022
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Magellan Financial Group Ltd (ASX:MFG) share price is in the red as the fund manager announced its latest monthly update.
I believe there are some high-quality ASX dividend shares that can provide solid income for the long-term at the current prices.
Here are five of the most disappointing ASX share updates from the reporting season which just finished in August this year.
Reporting season is over. There were some big numbers. Some results got a positive reaction from investors. This article is about 5 of them.
The BHP Group Ltd (ASX:BHP) share price is currently down by 7%. The S&P/ASX 200 Index (ASX: XJO) is also down, it’s in the red by 2%.
The Adore Beauty Group Ltd (ASX:ABY) share price could be an exciting long-term ASX share pick, in my opinion. Here’s why.
The Airtasker Ltd (ASX:ART) share price could be an opportunity after the business announced its FY22 report.
The Webjet Limited (ASX:WEB) share price has gone higher after the ASX travel share revealed an exciting update.
The Woodside Energy Group Ltd (ASX:WDS) share price is up after reporting its 2022 half-year result, including a big dividend.
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